Laser 28 - Excellent example of this great design Hamble le rice |
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Rossiter Pintail Mortagne sur Gironde, near Bordeaux |
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Keith_Callaghan ![]() Groupie ![]() ![]() Joined: 16 Apr 09 Location: United Kingdom Online Status: Offline Posts: 80 |
![]() ![]() ![]() ![]() Posted: 31 Aug 18 at 7:25am |
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Graeme, call me on 07906 396403 when you get to HBSC next Friday. I look forward to meeting you again. The H2s will be launching at about 10:45 and will be back ashore by about 14:30.
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I think crowdfunding has great potential for a new class. One of the biggest problems with launching a new class is that no one wants to take the risk of being the only person to buy into it. If you promised to only start building once 25 pre-orders has been taken it reduces that risk somewhat.
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blueboy ![]() Really should get out more ![]() Joined: 27 Aug 10 Online Status: Offline Posts: 512 |
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It's worked for keelboats. Elite mentioned here is an example and the Hunter 707 was another, 60 boats on the Hamble at one time. I can't really think of a recent example where it has worked for dinghies.
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zippyRN ![]() Far too distracted from work ![]() Joined: 14 Sep 06 Online Status: Offline Posts: 437 |
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PCP also works on the basis that thereisa ready market of people who buy 2/3/4/5 year old vehicles - historically these people purchased de-fleeted company cars when A) company cars were a common perk and B) companies tended to buy them ...
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iGRF ![]() Really should get out more ![]() ![]() Joined: 07 Mar 11 Location: Hythe Online Status: Offline Posts: 6499 |
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That was me, and a chum of mine, we talked about it again tonight and will probably come over to Herne Bay on the friday so he can get a look, he only really knows about it from what I've told him, another phantom sailor fed up with being on his knees all the time, that boat would be ideal for him. But it also shows the problem, how would he even know about it if I hadn't told him? Edited by iGRF - 30 Aug 18 at 8:24pm |
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Keith_Callaghan ![]() Groupie ![]() ![]() Joined: 16 Apr 09 Location: United Kingdom Online Status: Offline Posts: 80 |
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I have nobody from the Kent area who is on my list of applicants for a demo sail of an H2. Perhaps you could advise your contact that he is very welcome to come to our national championships at Herne Bay, by arrangement, on 7-9 September to talk to H2 owners and have a sail in one. |
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H2 ![]() Really should get out more ![]() ![]() Joined: 26 Jul 17 Online Status: Offline Posts: 750 |
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Yeah - I agree - I am not looking at this as something to pitch to investors as such. I am sure that could be a model but not one I would want to follow as I have had enough of that game, have cash and am just interested in whether a model of focusing sales in a clustered way enabled a small class from a niche builder to get traction.
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H2 #115 (sold)
H2 145 OK 2082 |
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RS400atC ![]() Really should get out more ![]() Joined: 04 Dec 08 Online Status: Offline Posts: 3011 |
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Maybe crowdfunding is the answer, i.e. 25 sailors decide they want a new class of boat, they chip in to get the moulds made and hire a moulding shop to make a batch. 'Investors' are only going to be interested if you have identified a genuine market niche for serious numbers. The 25 buyers model would be a bit like a 'club'.....
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iGRF ![]() Really should get out more ![]() ![]() Joined: 07 Mar 11 Location: Hythe Online Status: Offline Posts: 6499 |
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Well what a manufacturer needs and often lacks, is a guarantee of firm forward orders delivered over a period so he/they can gear up the production.
Dealers on the other hand want to sell the product before they buy it and get paid in advance, once upon a time they might have invested in stock but these days with the internet and fast fashion changes forward orders from dealers are becoming a thing of the past. As a start up, if you have a credible business plan there are quite a few sources of finance, some banks are still offering overdrafts at outrageous interest rates, there are web companies like crowdfunding, and funding circle which are not as expensive but not as cheap as money once was (Itself shocking in the light of low interest rates which have never been passed on to small entrepreneurs). |
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H2 ![]() Really should get out more ![]() ![]() Joined: 26 Jul 17 Online Status: Offline Posts: 750 |
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Most investors I deal with do not need their money back within 12 months so yes I get that £150k would require 25 boats to be sold in order to service it but not necessarily in 12 months.
I guess I was looking at it the other way - if I was to become a self employed salesman how many boats would I need to sell each year to cover my expected earnings from a "lifestyle" business and does that look and feel realistic. Edit: the point here is very much "lifestyle"....mortgage paid for and a nice cushion already provided for due to decades of hard work and hair loss
![]() Edited by H2 - 30 Aug 18 at 12:57pm |
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H2 #115 (sold)
H2 145 OK 2082 |
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